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Russia Wants to Ease Foreign Companies’ Access to State Tenders

  • 24 Jul 10:19

Russia Wants to Ease Foreign Companies’ Access to State Tenders The Russian government has instructed several ministries, including the Ministry of Industry and Trade and the Ministry of Economic Development, as well as the Federal Anti-Monopoly Service to ease a direct ban on participation of foreigners in state procurement,Vedomostireports citing federal officials. According to the business newspaper’s sources, Deputy Prime Minister Dmitry Kozak told the ministries that the ban would be replaced with other ways of supporting domestic producers. The system of import substitution in procurement will be revised, a federal official told Vedomosti. “It is necessary to simplify procedures, to introduce a unified. Read more...